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Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 181,872 $ 241,452
Restricted cash 20,000 20,000
Accounts receivable 18,976 19,748
Prepaid & other current assets 60,736 21,964
Total current assets 281,584 303,164
In process R&D 1,101,760 1,101,760
Goodwill, net of impairment 5,988,230 12,071,376
Investment in GMP Bio at fair value 22,640,519 22,640,519
Total assets 30,012,093 36,116,819
Current liabilities:    
Accounts payable and accrued liabilities 2,458,589 2,510,864
Contingent consideration 2,625,000 2,625,000
Derivative liability on notes 525,734 198,140
Total current liabilities 18,086,145 16,923,407
Stockholders’ equity:    
Common stock, $.01 par value; 750,000,000 shares authorized; 397,531,590 and 391,846,880 issued and outstanding, respectively 3,975,316 3,918,469
Additional paid-in capital 41,235,949 41,416,632
Accumulated deficit (32,896,062) (25,926,069)
Total Oncotelic Therapeutics, Inc. stockholders’ equity 12,315,203 19,409,032
Non-controlling interests (389,255) (215,620)
Total stockholders’ equity 11,925,948 19,193,412
Total liabilities and stockholders’ equity 30,012,093 36,116,819
Related Party [Member]    
Current liabilities:    
Accounts payable to related party 343,001 332,432
Convertible debt and short-term debt - related party, net of costs 1,871,930 1,165,048
Nonrelated Party [Member]    
Current liabilities:    
Convertible debt and short-term debt - related party, net of costs $ 10,261,891 $ 10,091,923